CoinVoice has recently learned that according to data released by Deribit officials: in today's largest ETH bulk options transaction, a user sold a $2,600 put option and a $2,800 call option for the end of March next year, totaling 850 ETH, and earned a premium of $747,000.

It said that the user was shorting volatility, with a profit range of $1,950 to $4,200, and a coin-based return of 32.3%. [Original link]